Chapter 3 Flashcards
A freehold estate is A. one acquired without paying anything B. any leasehold C. any estate wherein one may use the property as he wishes D. an estate of uncertain duration
D. an estate of uncertain duration
A person who dies leaving no will is said to have died A. intestate B. without heirs C. unbequeathed D. unwillingly
A. Intestate
Tenancy in severalty refers to
A. ownership by one person or one entity only
B. ownership by two persons only
C. ownership by at least three persons
D. a special form of joint ownership available only to married couples
A. ownership by one person or one entity only
The process whereby a person holding a claim against property can have the property sold to pay the claim is A. a lien B. a covenant C. a mechanic's lien D. a foreclosure
D. a foreclosure
Two people who own undivided interests in the same realty, which right of survivorship, have A. tenancy in severalty B. tenancy in common C. tenancy at sufferance D. joint tenancy
D. joint tenancy
A person who has some rights to land, but not all the possessory rights, has A. a life estate B. an interest in land C. an estate at will D. a fixture
B. an interest in land
A person who has color of title to land has
A. the appearance of title
B. forgeries of state title papers
C. a right to one-half the income from the land
D. foreign ownership
A. the appearance of title
Which of the following would not be real property?
A. a lease for one month
B. an easement
C. permanent ownership of mineral rights on someone else’s land
D. a life estate
A. a lease for one month
Adverse possession may establish A. use of property B. a claim to a title C. who owes back taxes D. homestead rights
B. a claim to a title
Fifty feet of land was added to Apple's farm because a river changed its course. This is an example of A. Accretion B. Avulsion C. Riparian rights D. Usufructory
A. Accretion
Fifty feet of beachfront land was removed by a flood. This is an example of A. riparian rights B. estovers C. avulsion D. emblements
C. avulsion
A person holding title to real property in severalty would most likely have A. a life estate B. an estate for years C. ownership in common with others D. sole ownership
D. sole ownership
Governmental land use planning and zoning are important examples of A. exercise of eminent domain B. use of police power C. deed restrictions D. encumbrance
B. use of police power
Land can be owned apart from the buildings on it under the arrangement known as a A. net lease B. life estate C. remainder D. ground lease
D. ground lease
An abstract of title contains A. the summary of a title search B. an attorney's opinion of title C. a registrar's certificate of title D. a quiet title lawsuit
A. the summary of a title search